Economic Development Corp of Utah
Economic development corporation of Utah (edcutah) serves as a catalyst for quality job growth and increased capital investment by assisting in-state companies to grow and recruiting out-of-state companies to expand and relocate into Utah.
Economic Development Corp of Utah at a glance
In short: Economic Development Corp of Utah reported $17K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $16,595 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $2,675,176
- -23.7% vs 2024
- Revenue (2025)
- $1,542,737
- -24.4% vs 2024
- Net investment income (2025)
- $27,436
- -1.7% vs 2024
- Expenses (2025)
- $2,611,281
- -8.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Economic Development Corp of Utah funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $5K (2021) to $17K (2025). In 2025 it reported $17K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,675,176 | $1,542,737 | $2,611,281 | $16,595 | Total only | $27,436 |
| 2024 | $3,504,683 | $2,040,810 | $2,853,718 | — | — | $27,909 |
| 2023 | $4,477,272 | $2,950,947 | $2,898,073 | — | — | $4,988 |
| 2022 | $3,726,215 | $3,120,960 | $2,860,324 | — | — | $82 |
| 2021 | $3,667,019 | $2,940,488 | $2,791,902 | $5,000 | Total only | $558 |
| 2020 | $3,157,960 | $2,946,429 | $2,897,072 | — | — | $301 |
| 2019 | $1,399,724 | $2,738,820 | $2,738,362 | $7,098 | 1 | $349 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Economic Development Corp of Utah
Based on IRS filings
Economic Development Corp of Utah is a public charity focused on Community Improvement & Capacity Building, based in Salt Lake City, UT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.7M in total assets. In 2025, it reported $17K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $27K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Economic Development Corp of Utah is led by Scott Cuthbertson, Former President & CEO since 2025 (on filings since 2023); 5 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Scott Cuthbertson
Former President & CEO
President → Former President & CEO, 2025
On filings since 2023
40 hrs/week
$220K (2024) → $313K (2025)
Derek Miller
President & Chief Executive Officer
New on the 2025 filing
4 hrs/week
No compensation reported
Ryan Starks
Executive Director
Trustee → Executive Director, 2025
On filings since 2024
40 hrs/week
No compensation reported
Gary Porter
Finance Committee Chair
New on the 2025 filing
2 hrs/week
No compensation reported
Jeremy Hafen
Board Chair
New on the 2025 filing
2 hrs/week
No compensation reported
Colby Cooley
Senior Vice President of Operations
Vice President of Busine → Senior Vice President & Operati, 2024
Senior Vice President & Operati → Senior Vice President of Operations, 2025
On filings since 2022
40 hrs/week
$105K (2022) → $126K (2025)
Erin Farr
Deputy Director & Vice President of Business Development
New on the 2025 filing
40 hrs/week
$130K (2025)
Gregory Bisping
Vice President of Investor Relations
New on the 2025 filing
40 hrs/week
$114K (2025)
Sara Adelman
Vice President of Marketing
New on the 2025 filing
40 hrs/week
$118K (2025)
Nathan R. Callister
Board Past Chair
Trustee → Board Past Chair, 2025
On filings since 2019
2 hrs/week
No compensation reported
Thomas Morgan
Board Member
Chair → Secretary, 2022
Secretary → Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
Dirk Burton
Board Member
Trustee → Board Member, 2025
On filings since 2021
1 hr/week
No compensation reported
Taylor Randall
Board Member
Trustee → Board Member, 2025
On filings since 2022
1 hr/week
No compensation reported
Judd Cook
Board Member
Vice Chair → Chair, 2024
Chair → Board Member, 2025
On filings since 2023
1 hr/week
No compensation reported
Richard Garlish
Board Member
Trustee → Board Member, 2025
On filings since 2024
1 hr/week
No compensation reported
Amanda Covington
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Benjamin Brown
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Chloe Gehrke
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Clark Ivory
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Daniel Brimhall
Chief Financial Officer
New on the 2025 filing
4 hrs/week
No compensation reported
David Petersen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Donna Milavetz
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Erin Barry
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Erin Laney Barr
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Heidi Walker
Chief Operating Officer
New on the 2025 filing
4 hrs/week
No compensation reported
Jonathan Hafen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Kaitlin Eskelson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Matt Lyon
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Natalie Gochnour
Board Member & Chief Economist
New on the 2025 filing
1 hr/week
No compensation reported
Nate Foster
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Rob Hitchcock
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Spencer P Eccles
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Sterling Nielsen
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Susan Robel
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (83)
- Former: J. Steven Price (2019–2024) — Trustee
- Former: Jill Kirsling (2019–2024) — CFO
- Former: Matt Hirst (2020–2024) — Trustee
- Former: Bob Stevenson (2021–2024) — Trustee
- Former: Debbie Winn (2021–2024) — Vice Chair
- Former: Erin Mendenhall (2021–2024) — Trustee
- Former: Rob Moore (2021–2024) — Trustee
- Former: Christian Gardner (2022–2024) — Trustee
- Former: Christy Alter (2022–2024) — Trustee
- Former: Gage Froerer (2022–2024) — Trustee
- Former: Janice Co (2022–2024) — Trustee
- Former: Jenny Wilson (2022–2024) — Trustee
- Former: Ben Hart (2023–2024) — Trustee
- Former: Larry Jensen (2023–2024) — Trustee
- Former: Ryan Meyer (2023–2024) — Trustee
- Former: Stephanie Frohman (2023–2024) — Senior Vice President & Strateg
- Former: Ben Nadolski (2024) — Trustee
- Former: Beth Holbrook (2024) — Trustee
- Former: Brandon Gordon (2024) — Trustee
- Former: Brennen Brown (2024) — Trustee
- Former: Brie Davis (2024) — Trustee
- Former: Dan Richards (2024) — Trustee
- Former: Jason Hill (2024) — Trustee
- Former: Michael Ambre (2024) — Trustee
- Former: Reed Laws (2024) — Trustee
- Former: Tom Morgan (2024) — Secretary
- Former: Bryan Nielsen (2019–2023) — Trustee
- Former: Tara Thue (2020–2023) — Trustee
- Former: Carine Clark (2021–2023) — Trustee
- Former: Daniel Hemmert (2021–2023) — Trustee
- Former: Dawn Ramsey (2021–2023) — Vice Chair
- Former: Gary Hoogeveen (2021–2023) — Chair
- Former: Mike Caldwell (2021–2023) — Trustee
- Former: Nate Callister (2021–2023) — Trustee
- Former: Steve Starks (2021–2023) — Trustee
- Former: Dave Woolstenhulme (2022–2023) — Trustee
- Former: Deneece Huftalin (2022–2023) — Trustee
- Former: James Jackson (2022–2023) — Trustee
- Former: Noelle Cockett (2022–2023) — Trustee
- Former: Stuart Adams (2022–2023) — Trustee
- Former: Troy Walker (2022–2023) — Trustee
- Former: Abby Osborne (2023) — Trustee
- Former: Alan Matheson (2023) — Trustee
- Former: Ari Bruening (2023) — Trustee
- Former: Gary Coker (2023) — Trustee
- Former: Shelley Kimberly (2023) — Trustee
- Former: Theresa Foxley Former (2023) — President An
- Former: Brandon Henrie (2019–2022) — Trustee
- Former: Christopher Hilburn (2019–2022) — Vice President of Market
- Former: Michael R. Flynn (2019–2022) — Chief Operat
- Former: Theresa Foxley (2019–2022) — President An
- Former: Nick Wood (2020–2022) — Trustee
- Former: Amy Osborne (2022) — Trustee
- Former: Juliette Tennert (2022) — Trustee
- Former: Miles Hansen (2022) — Trustee
- Former: Steve Ridge (2022) — Trustee
- Former: Craig Wagstaff (2019–2021) — Trustee
- Former: David Lang (2019–2021) — Treasurer
- Former: Lance Bullen (2019–2021) — Trustee
- Former: Ray Pickup (2019–2021) — Trustee
- Former: Craig Buttars (2021) — Trustee
- Former: Dean Cox (2021) — Trustee
- Former: Commissioner Dean Cox (2019–2020) — Trustee
- Former: Commissioner Jeff Hadfield (2019–2020) — Trustee
- Former: Commissioner Shawn Milne (2019–2020) — Trustee
- Former: Doug Welling (2019–2020) — Trustee
- Former: Jay Francis (2019–2020) — Trustee
- Former: Jerry Oldroyd (2019–2020) — Trustee
- Former: Mayor Dawn Ramsey (2019–2020) — Trustee
- Former: Mayor Jackie Biskupski (2019–2020) — Trustee
- Former: Mayor Kurt Bradburn (2019–2020) — Trustee
- Former: Mayor Mike Caldwell (2019–2020) — Trustee
- Former: Mayor Richard Brunst Jr. (2019–2020) — Trustee
- Former: Mayor Troy Walker (2019–2020) — Trustee
- Former: Val Hale (2019–2020) — Trustee
- Former: Commissioner Bob Stevenson (2020) — Public Vice
- Former: Cameron Deihl (2019) — Trustee
- Former: Cindy Crane (2019) — Board Chair
- Former: Daniel Daines (2019) — Trustee
- Former: Jennifer Somers (2019) — Trustee
- Former: Lincoln Shurtz (2019) — Trustee
- Former: Mayor Bob Stevenson (2019) — Vice Chair
- Former: Nadia Letey (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $313K, to Scott Cuthbertson (Former President & CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Economic Development Corp of Utah
How much does Economic Development Corp of Utah give each year?
Economic Development Corp of Utah reported $17K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants.
How large is Economic Development Corp of Utah?
Economic Development Corp of Utah reported $2.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is Economic Development Corp of Utah?
Economic Development Corp of Utah is a public charity focused on Community Improvement & Capacity Building, based in Salt Lake City, UT. It holds $2.7M in total assets as of 2025.
Where does Economic Development Corp of Utah operate?
Economic Development Corp of Utah has awarded grants in Utah.
What is Economic Development Corp of Utah's EIN?
Economic Development Corp of Utah's EIN (Employer Identification Number) is 74-2502619. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 29, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 18, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
Live grants for the work Economic Development Corp of Utah funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Economic Development Corp of Utah's focus areas in our free grants database
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Economic Development Corp of Utah down — hundreds of funders to go?